Customs Law and Foreign Economic Activity · Customs Law and Foreign Economic Operations
Foreign economic contracts are the legal foundation for international trade between companies in different countries and should define delivery, payment, applicable law, risk allocation and dispute resolution. Contract review before signing can reduce commercial uncertainty and provide stronger evidence if performance later becomes disputed.
When a Foreign Economic Contract Should Be Reviewed
Legal review is particularly relevant for:
export and import contracts;
international supply of goods;
cooperation with foreign companies;
long-term international agreements;
review of arbitration clauses;
analysis of currency risks;
verification of international delivery terms;
reduction of international-dispute risks.
Preparing International Contracts
analysis of foreign economic contract terms;
drafting and review of agreements;
analysis of international trade risks;
drafting arbitration clauses;
adaptation of contracts to applicable international law;
legal analysis of Incoterms;
support during negotiations;
legal protection of the company's commercial interests.
Professional review can prevent problems during performance and reduce the probability of a dispute.
International contract disputes often arise from failure to deliver, non-payment, changes in market conditions, logistics problems or force-majeure events.
Legal Support in International Commercial Disputes
analysis of the international contract;
assessment of the dispute and available remedies;
preparation of claims and procedural documents;
negotiations with counterparties;
representation before the International Commercial Arbitration Court at the Ukrainian Chamber of Commerce and Industry (ICAC at UCCI);
use of expert opinions issued through UCCI mechanisms where relevant;
support in international arbitration;
court protection of business interests.
Integrated legal support can be used to protect the client's position both in Ukraine and in cross-border proceedings.
International Arbitration
International commercial arbitration is one of the principal mechanisms used to resolve foreign economic disputes.
preparation of arbitration claims;
representation of the client;
analysis of the evidentiary record;
preparation of the legal position;
enforcement of arbitral awards;
negotiation and mediation support.
A structured arbitration strategy can reduce financial exposure and make dispute resolution more manageable.
Commercial Customs and UCCI Trade Practice
International trade may also be affected by commercial customs, trade practice, rules of international business circulation and recommendations or practice connected with the Ukrainian Chamber of Commerce and Industry. Analysis of such customs may be relevant when determining the rights and obligations of the parties.
Using Trade Customs in International Disputes
interpretation of international-contract terms;
evidence of established performance practice;
resolution of disputes between counterparties;
analysis of international trade practice;
confirmation of business customs;
protection of business interests in arbitration;
preparation of the client's legal position.
International Trade Legal Services
legal support for exports and imports;
review of international contracts;
support for foreign economic activity;
protection of business interests in international disputes;
legal analysis of trade risks;
support during international negotiations;
representation in arbitration.
International trade contract strategy should connect the commercial terms with evidence, arbitration provisions, trade customs and the chosen enforcement mechanism. A contract prepared with the likely dispute path in mind gives the business a stronger negotiating position before and after a conflict arises.
Why is it better with us?
The principal activities of the UBC group of companies are consulting, financial and investment services, search and selection of investors for business and attraction of loans, purchase and sale of established businesses in Ukraine, Europe and other countries, IT services, and development of commercial real estate in Ukraine and abroad. For the development of your business: registration of enterprises in Ukraine, ready-made companies in the EU, registration of companies in England and other countries, corporate law, offshore jurisdictions and offshore companies, business consulting, audit, certification, registration of LLCs, registration of financial companies, asset management companies, mutual investment funds, registration of joint-stock companies, issue of securities and bonds, and support for foreign investment.
The continuously expanding range of regional and foreign partners directly helps resolve our clients’ issues when conducting business both in Ukraine and abroad.
We are always focused on the result you need and will do everything to achieve it within the required timeframe, taking your wishes and requirements into detailed account! Why is it better to start business in Ukraine with UBC? The answer is simple - we have much more practical experience, resources and opportunities.
Price: Foreign Economic Contracts and International Trade